MARATHON PETROLEUM CORP (MPC)

US56585A1025 - Common Stock

133.38  +1.73 (+1.31%)

After market: 133.38 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MPC. MPC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MPC is a bad performer in the overall market: 81% of all stocks are doing better.
MPC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 205 stocks in the same industry do better.
MPC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MPC is lagging the market.
In the last month MPC has a been trading in the 130.54 - 160.66 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MPC has an average volume of 2559060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
MPC Weekly chart
MPC Daily chart
Setup Rating and Analysis

3

The technical rating of MPC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

132.05

181.47

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 151.13 to 155.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @161.89 from a trend line in the daily time frame.
  • Strong resistance @179.67 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.31
Mansfield-2.9
10 Day High155.75
10 Day Low130.54
20 Day High160.66
20 Day Low130.54
52 Week High221.11
52 Week Low130.54
Performance
1 Week-8.37%
2 Weeks-11.63%
1 Month-16.27%
3 Month-18.86%
6 Month-22.75%
12 Month-11.59%
2 Year14.6%
3 Year108.44%
5 Year121.38%
10 Year195.55%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-2.07
RSI(14)25.15
LBB129.41
UBB160.74
MPC Daily chart

MARATHON PETROLEUM CORP

NYSE:MPC (12/20/2024, 8:25:22 PM)

After market: 133.38 0 (0%)

133.38

+1.73 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.31%
1 Week-8.37%
2 Weeks-11.63%
1 Month-16.27%
3 Month-18.86%
6 Month-22.75%
12 Month-11.59%
2 Year14.6%
3 Year108.44%
5 Year121.38%
10 Year195.55%
15 YearN/A
Volatility
ATR(14)4.32
ATR(20)%2.97%
ATR Inc8.63%
Range Today2.88
ADR(20)3.88
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.31
Mansfield-2.9
10 Day High155.75
10 Day Low130.54
20 Day High160.66
20 Day Low130.54
52 Week High221.11
52 Week Low130.54
CS1 EndN/A
CR1 Start151.13
Volume & EV
DER(3)-1.41%
DER(5)-1.4%
Volume11.49M
Volume Incr147.81%
Vol(5)5.39M
Vol(50)2.56M